Liz Francis built an additional house on her block so her mother could live with the family. Pictured with Samara Seth, 5, Amy Seth and Olivia Seth, 3, at home in Tallebudgera. Picture John Gass
LONG gone are the days parents push their children out of the nest as soon as they reach adulthood.
The Gold Coast property market is adapting to allow children to live with their parents long after they have grown up.
Leading property valuation firm Herron Todd White’s November Month in Review report found there had been a “strong shift” toward multigenerational housing on the Coast with more properties now accommodating three generations.
Mrs Francis’ home at 16 Tyalla Court, Tallebudgera.
The second house Mrs Francis built on her Tallebudgera block.
“Many dwellings are being converted to form secondary living areas or multiple dwellings on one property,” the report said.
“Generally speaking, it’s the older members of the family moving into the secondary areas.”
Herron Todd White director Tod Gillespie said affordability was the obvious reason behind the shift but there were many underlying factors contributing to the trend.
“We seem to be seeing more dual occupant houses being built, especially in the acreage areas, for family reasons,” he said.
This Southport house at 26 Loweana St also offers dual living on a lower level.
Inside the Southport house.
He said care options for elderly parents might be too expensive so living together as a family was a cheaper alternative.
He also said there was an “expectation issue” among younger generations, who wanted a three-bedroom house straight away instead of buying a smaller place first then upgrading in future as their parents did decades ago.
That was leading children to live at home longer so they could save more money.
Liz Francis built a second house on her Tallebudgera property so her mother could live with the family.
Outside the Southport house.
The second living space.
“We decided there was no better place for her to be than with us,” she said.
She said living in separate houses on the same block meant they could spend plenty of time together as a family while her mother remained independent.
“It just meant that she was very incorporated in our every day activities,” Mrs Francis said.
“It was special for her and special for us.”
Hope Island Resort Realty agent Evan Molloy had noticed the increased demand for dual living properties.
This Helensvale property at 8 Timberlea Ct has a second self-contained dwelling, which was once the shed.
Inside the extra dwelling.
“I’ve got three properties (on the market) at the moment that are dual living,” he said.
“The waterfront one was built with that in mind – it’s interesting we’re seeing it in new builds.”
He said some families were selling multiple homes interstate so they could buy a much bigger residence on the Coast that would accommodate everyone.
“We’ve had a good amount of people looking specifically for that purpose, particularly interstate buyers escaping Sydney and Melbourne (markets).”
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Mr Molloy said the reduced cost of living was appealing to many homeowners and he believed it would become a more popular housing option.
LJ Hooker Mudgeeraba agent John Fischer said many people were even letting some of their dual living spaces out, particularly as holiday rentals on Airbnb.
“There are a lot of people looking for that extra income,” he said.
FOUR DUAL LIVING GOLD COAST HOMES
1. 8 Timberlea Court, Helensvale
2. 26 Loweana St, Southport
3. 11 Wisteria Court, Tallebudgera Valley
4. 16 Tyalla Court, Tallebudgera